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Are there any provisions in the Fly Fitness multi-unit development agreement that are specific to certain states?

Fly_Fitness Franchise · 2024 FDD

Answer from 2024 FDD Document

See the state addenda to this Franchise Disclosure Document and the Franchise Agreement for special state disclosures.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 33–40)

What This Means (2024 FDD)

According to Fly Fitness's 2024 Franchise Disclosure Document, the franchise agreement and Franchise Disclosure Document may have state-specific addenda. These addenda would contain disclosures relevant to specific states.

For a prospective Fly Fitness franchisee, this means that the terms and conditions of the franchise agreement, including those within the multi-unit development agreement, could vary depending on the state in which they plan to operate. It is essential to carefully review any state-specific addenda to understand the obligations, rights, and legal requirements applicable in that particular state.

Franchise agreements often include state-specific addenda to comply with varying state laws and regulations related to franchising. These addenda can cover a range of topics, such as franchise registration requirements, dispute resolution procedures, and termination rights. Therefore, a franchisee should pay close attention to these addenda to ensure they are fully aware of their legal obligations and rights within their state.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.